I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday 5 March 2017

The Three Matters On Personal Finance: Saving, Insurance, and Investment!!! (3) - Refresh!


Read? The Three Matters On Personal Finance: Saving, Insurance, and Investment!!! (3)


The Grading for his competency in Personal Finance. It should be Well Done!

He fully understands what is the purpose of Life Insurance when he was in his late 20s, married and progressively more children with more life insurance policies to protect his dependents.

Life insurance is to cover Human Asset and protect our dependents. When Human Asset is ZERO and with no more dependents to protect; to continue to cover zero value human asset with life insurance is redundant. Unless one is planning it as Funeral gifts!

By the time we retire and never build up our own retirement fund to include self-insured after 60s; we can't grant ourselves a Pass on personal finance.

More? Insurance




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